"Artificial intelligence (AI) has remained a prominent theme of 2025, and for the past three years, no other trend has garnered as much attention as AI. The steady upside in tech stocks has led to higher valuations and benefited the overall market. This led to the birth of the Magnificent Seven that ruled the industry in 2025. However, billionaires are moving in a different direction, and the recent 13F filings show them dumping the Magnificent Seven for other tech stocks."
"Billionaire Stanley Druckenmiller dumped his stake in AI giants Nvidia Corp. (NASDAQ: NVDA) and Palantir Technologies (NASDAQ:PLTR). Ken Griffin, founder of Citadel, sold 2.1 million shares of Amazon.com Inc. (NASDAQ: AMZN), reducing his stake in the company by 39%. Further, Scion Asset Management reduced its stake in Meta Platforms Inc. (NASDAQ: META) by 12.76%, and Bridgewater Associates trimmed their stake in Nvidia, Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT). Tiger Global Management reduced its stake in Meta Platforms by 9.92%."
"Adobe Inc. Bridgewater Associates allocated 0.61% of their portfolio in Adobe Inc. (NASDAQ: ADBE) with 533,198 shares. The company has strong fundamentals that continue to drive growth. Its gross margin is nearing 90% and is driven by the growing AI demand. The company has also incorporated AI tools in its products and is working on AI monetization strategies."
Artificial intelligence dominated 2025 and propelled tech stocks and valuations, creating the Magnificent Seven. Several billionaire managers reduced or exited positions in leading AI and megacap names, including Druckenmiller selling Nvidia and Palantir, Ken Griffin cutting Amazon by 39%, and firms such as Scion, Bridgewater, and Tiger Global trimming stakes in Meta, Nvidia, Alphabet, and Microsoft. Bridgewater allocated 0.61% of its portfolio to Adobe, holding 533,198 shares. Adobe reported strong fundamentals with gross margins nearing 90%, Q4 revenue of $6.19 billion (up 10% year-over-year), operating income of $2.26 billion, and $22.52 billion in remaining performance obligations.
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